Lutke Tobias 4
4 · Coinbase Global, Inc. · Filed Feb 22, 2024
Insider Transaction Report
Form 4
Lutke Tobias
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-02-20−623→ 622 totalExercise: $0.00→ Class A Common Stock (623 underlying) - Exercise/Conversion
Class A Common Stock
2024-02-20+623→ 6,138 total
Holdings
- 208,830(indirect: By 7910240 Canada Inc.)
Class A Common Stock
Footnotes (5)
- [F1]Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
- [F2]. These shares are held of record by 7910240 Canada Inc., of which the Reporting Person is the sole director. The Reporting Person disclaims beneficial ownership of the shares owned by 7910240 Canada Inc., except to the extent of his pecuniary interest therein, if any.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- [F4]The RSUs vest with respect to 1/3 of the total award on February 20, 2023, and an additional 1/3 of the award vests in equal annual installments thereafter until the award is fully vested on February 20, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date.
- [F5]RSUs do not expire; they either vest or are canceled prior to vesting date.